2024-10-09T06:00:41-07:00 2023-12-31 223163246 DAVID A GERSON CPA & ASSOCIATES PC 201 W PASSAIC ST STE 405 ROCHELLE PARK NJ 07662 990 2023-01-01 226487222 IBEW LOCAL 102 WELFARE FUND IBEW 9738871718 50 PARSIPPANY ROAD PARSIPPANY NJ 07054 BERNARD CORRIGAN Trustee 2024-10-09 true true David A Gerson P01209046 2018430444 2023 2024-10-15 13:58:12Z BERNARD CORRIGAN 50 PARSIPPANY ROAD PARSIPPANY NJ 07054 90192063 false X N/A X 1991 NJ PROVIDE GROUP HEALTH BENEFITS FOR ELIGIBLE PARTICIPANTS AND THEIR QUALIFIED DEPENDENTS. 6 6 0 0 0 61235765 66137258 -9510201 1577779 1180165 6436479 52905729 74151516 0 62776796 68755396 0 0 0 3308389 1790931 66085185 70546327 -13179456 3605189 108229917 113392233 4915650 6472777 103314267 106919456 PROVIDE GROUP HEALTH BENEFITS FOR ELIGIBLE PARTICIPANTS AND THEIR QUALIFIED DEPENDENTS. false false 68755396 66137258 PROVIDED GROUP HEALTH BENEFITS FOR ELIGIBLE PARTICIPANTS AND THEIR QUALIFIED DEPENDENTS. 68755396 false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false true 48 0 true 0 false false false false false false false false X 6 6 false true false false false false false true true false false true true true true false false false false false X IE SHAFFER PLAN ADMINISTRATORS 6098836688 830 BEAR TAVERN ROAD WEST TRENTON NJ 08628 X BERNARD CORRIGAN Trustee 1.00 0.00 X 0 0 0 JAMES ESTABROOK Trustee 1.00 0.00 X 0 0 0 DAVID FIORE Trustee 1.00 0.00 X 0 0 0 PETER CHECHE Trustee 1.00 0.00 X 0 0 0 ROBERT WILLIAMSON III Trustee 1.00 0.00 X 0 0 0 PAUL FIORE Trustee 1.00 0.00 X 0 0 0 0 false false false HORIZON BCBS 3 PENN PLAZA EAST NEWARK NJ 07105 BENEFITS ADMINISTRATOR 1230228 GLOBAL PHARMACEUTICAL BENEFITS LLC 222 LAFAYETTE STREET NEWARK NJ 07105 BENEFITS ADMINISTRATOR 479230 FABIAN & BYRN LLC 204 EAGLE ROCK AVE ROSELAND NJ 07068 CLAIMS PROCESSING 620205 IE SHAFFER & CO 830 BEAR TAVERN ROAD WEST TRENTON NJ 08628 THIRD PARTY ADMINISTRATOR 481329 ZELIS HEALTHCARE INC 2 CROSSROADS DRIVE BEDMINSTER NJ 07921 CLAIMS REVIEW 272076 5 0 CONTRIBUTIONS 525100 66137258 66137258 66137258 2600684 2600684 0 0 0 15017642 16040547 -1022905 -1022905 -1022905 0 0 0 INVEST UNREALIZED APPRECIATION 525100 5440354 5440354 MISC INCOME 525100 621 621 PRESCRIPTION REBATES 525100 995504 995504 6436479 74151516 74151516 0 0 0 68755396 68755396 0 0 0 0 0 0 0 65240 65240 96713 96713 0 0 174649 174649 0 0 0 0 0 0 0 0 2496 2496 0 0 0 5840 5840 CONTRACT ADMINISTRATOR FEES 1373610 1373610 OFICE, PRINTING, BANK, OTHER 46982 46982 PCORI FEES 20651 20651 ACTUARY 4750 4750 0 70546327 70154407 391920 0 0 6201611 3377032 0 6664230 7105979 0 0 0 0 0 0 94047112 101587739 0 0 0 1316964 1321483 108229917 113392233 4915650 6472777 4915650 6472777 X 103314267 106919456 103314267 106919456 108229917 113392233 3605189 X false true X true false 73976867 73976867 174649 174649 74151516 68964217 4026915 4026915 64937302 174649 5434376 5609025 70546327 Part XII, Line 2d: Other expenses and losses per audited F/S ACCRUED HEALTH CLAIMS 12/31/22 $4026915 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S ACCRUED HEALTH CLAIMS 12/31/23 $5434376 Form 990, Part VI, Section A, Line 3 THE ORGANIZATION UTILIZES THE SERVICES OF I.E. SHAFFER, A THIRD PARTY ADMINISTRATOR, AND FABIAN & BYRN LLC, A CLAIMS ADMINISTRATOR. Form 990, Part VI, Section B, Line 11b THE FORM 990 IS PREPARED BY THE INDEPENDENT AUDITOR. A COPY OF THE FORM IS PROVIDED TO EACH TRUSTEE FOR THEIR REVIEW PRIOR TO SUBMISSION. Form 990, Part VI, Section B, Line 12c THE ORGANIZATION HAS A REGULARLY SCHEDULED QUATERLY MEETING WHERE IT MONITORS COMPLIANCE WITH THE POLICY. Form 990, Part VI, Section C, Line 19 GOVERNING DOCUMENTS, FILINGS AND AUDITED FINANCIAL STATEMENTS ARE MADDE AVAILABLE UPON REQUEST OR MAY BE EXAMINED AT THE ADDRESS OF THE PLAN.